This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Healthcare Companies: Wuxi Biologics (Cayman) (OtherWXIBF) and Community Health (CYH)

Tipranks - Sat Jul 11, 8:54PM CDT

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Wuxi Biologics (Cayman) (WXIBF) and Community Health (CYH) with bullish sentiments.

TipRanks Welcomes a New ETF – NYSE:RANK

Wuxi Biologics (Cayman) (WXIBF)

Morgan Stanley analyst Laurence Tam maintained a Buy rating on Wuxi Biologics (Cayman) on July 9 and set a price target of HK$50.00. The company’s shares closed last Wednesday at $4.60.

Tam has an average return of 6.7% when recommending Wuxi Biologics (Cayman). ;'>

According to TipRanks.com, Tam is ranked #8290 out of 12381 analysts.

Currently, the analyst consensus on Wuxi Biologics (Cayman) is a Strong Buy with an average price target of $6.27, representing a 32.0% upside. In a report issued on July 5, TipRanks – PerPlexity also upgraded the stock to Buy with a HK$44.00 price target.

See the top stocks recommended by analysts >>

Community Health (CYH)

In a report issued on July 9, Ben Hendrix from RBC Capital maintained a Buy rating on Community Health, with a price target of $5.00. The company’s shares closed last Friday at $3.57.

According to TipRanks.com, Hendrix is a 5-star analyst with an average return of 8.8% and a 56.4% success rate. Hendrix covers the Healthcare sector, focusing on stocks such as Aveanna Healthcare Holdings, Brookdale Senior Living, and Sonida Senior Living. ;'>

Currently, the analyst consensus on Community Health is a Hold with an average price target of $3.50.

Read More on WXIBF:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.